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Traders seek hefty gains from altcoins while Bitcoin price consolidates

Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Solana (SOL), Presearch (PRE) and Arweave

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Solana price soars to new highs with DeFi project launch, $70M DEX funding

Solana blockchain’s native asset, SOL, soared to a new record high on Monday.The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a recent $70-million crowdfund to support its blockchain-powered decentralized exchange, Mango Markets.Solana

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Poly Network hack exposes DeFi flaws, but community comes to the rescue

Although it seemed crypto hacks were on the decline, just recently, the market bore witness to one of the largest-ever attacks in the young history of decentralized finance (DeFi), wherein an unknown hacker was able to exploit a loophole in cross-chain protocol Poly Network’s digital framework, thereby walking away with

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Ether is more popular than Bitcoin in Singapore, new study finds

Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed. “The State of Crypto in Singapore Report 2021,” conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto.The report,

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GoSats launches Bitcoin cashback rewards card in India

Bitcoin (BTC) rewards company GoSats has launched a new cashback rewards card for customers in India, potentially setting the stage for wider mainstream adoption of digital assets in the world’s second-most populous country. The new product is being introduced in partnership with the National Payments Corporation of India, also known as

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